Board & Committee Resolutions Announcements

Liaoning Xinde New Material Technology (Group) Co., Ltd. announced that its non-controlling shareholder, Henan Guangyuan New Material Co., Ltd., has submitted an IPO application to the Shenzhen Stock Exchange. The application has been accepted, and Xinde holds a 0.69% stake in Guangyuan. The outcome is subject to regulatory approval.

The board of directors of Zhejiang Winderful Fluid Equipment Technology Co., Ltd. held its sixth meeting. The board approved the proposal to re-evaluate and postpone certain fundraising investment projects, including the "Annual Production of 100 Million Valves and Hardware Products" and the "R&D Center Construction Project." The decision aims to adjust project timelines based on current progress.

The board meeting approved the increase of registered capital from RMB 218.4 million to RMB 305.76 million and the amendment of the Articles of Association. It also approved the convening of the first extraordinary general meeting of shareholders in 2026.

This announcement details the resolutions passed at the eighth meeting of the third board of directors of Jiangsu Yangdian Technology Co., Ltd. Key decisions included the election of non-independent directors, changes to the business scope and articles of association, and approval for new credit facilities. The meeting was legally convened and valid.

The company held its 13th Board of Directors meeting, approving the appointment of a new Financial Controller and amendments to the Board Secretary's Work Rules. It also approved a entrusted loan of RMB 50 million. All resolutions passed unanimously.

The Nomination Committee of Hubei Jiuliang Co., Ltd. reviewed the qualifications of director candidates for the fourth board. All candidates meet the legal and regulatory requirements for independent and non-independent directors. The committee approved the nominations and will submit them to the board for consideration.

Hubei Jiuliang Co., Ltd. held its 37th Board of Directors meeting to elect new directors and independent directors for the fourth board. The meeting also approved the compensation plan for independent directors and scheduled the second extraordinary general meeting for 2026.

This report analyzes the feasibility of Stone Pharmaceutical Co., Ltd. and its subsidiaries engaging in foreign exchange hedging. The purpose is to mitigate risks from exchange rate fluctuations, improve fund utilization, and enhance financial stability. The company will use up to USD 220 million in self-owned funds, with a 12-month authorization period. The plan is deemed feasible and necessary for normal operations.

To mitigate foreign exchange risks and reduce the impact of exchange rate fluctuations, the company and its subsidiaries plan to conduct foreign exchange hedging business with a total amount not exceeding USD 220 million. This proposal was approved by the board of directors and requires shareholder approval. The company will use its own funds for this purpose.

The company's seventh board of directors held its third meeting, approving the establishment of an "Foreign Exchange Hedging Management System" and the initiation of foreign exchange hedging business up to USD 22 million. The meeting also resolved to convene the third extraordinary general meeting of shareholders on July 8, 2026.

Zhejiang Tianyu Pharmaceutical Co., Ltd. announces its wholly-owned subsidiary, Zhejiang Nuode Pharmaceutical Co., Ltd., has received approval from the NMPA for Apalutamide Tablets. This expands the company's product portfolio, potentially increasing revenue and market competitiveness, though future sales are subject to market conditions.

Zhuzhou Feilu High-Tech Materials Co., Ltd. will resume trading on June 23, 2026, after a temporary suspension due to the planned change of control. The controlling shareholder, Mr. Zhang Weiguo, signed a share transfer agreement with Qingdao Junto Qihang Intelligent Technology Co., Ltd. for 10% of the company's shares. The transaction is subject to regulatory review and registration.

The Remuneration and Assessment Committee reviewed and approved the list of 315 grantees for the first release of restricted shares under the 2025 incentive plan. All grantees meet eligibility criteria, and performance conditions are met. The release of 3,587,250 shares is deemed compliant and in the interest of shareholders.

The board of directors of Jiangsu Zhongqi Technology Co., Ltd. held its 20th meeting on June 18, 2026. The meeting approved the conditions for the first unlock period of the 2025 restricted stock incentive plan. 3,587,250 shares will be unlocked for 315 eligible recipients.

The Compensation and Assessment Committee of Wuhan Intelligent Electric Group Co., Ltd. has reviewed and approved the list of grantees for the 2026 Restricted Stock Incentive Plan. The committee confirmed that the company and the grantees meet all eligibility requirements. The grant date is set for June 22, 2026, with 715 grantees receiving 5.999 million shares at ¥93.42 per share.

The Board of Directors of Wuhan Jingce Electronic Group Co., Ltd. held its 15th meeting. Resolutions were passed to adjust the number of recipients, grant quantity, and grant price for the 2026 restricted stock incentive plan. The adjusted plan will grant 5.999 million shares to 715 recipients at a price of 93.42 yuan per share.

The Board of Directors of Ningbo Henghe Precision Industrial Co., Ltd. held its 11th meeting. Key decisions included approving the establishment of the Director Remuneration Management System and the Senior Management Remuneration Management System, and calling the 2026 First Extraordinary General Meeting. All resolutions were passed unanimously.

The Board of Directors of Wining Health Technology Group Co., Ltd. approved a proposal to lower the conversion price of "Wining Convertible Bonds" due to the stock price falling below 85% of the current conversion price. The proposal requires shareholder approval and will be submitted to the 4th Extraordinary General Meeting on July 8, 2026.

The Nomination Committee of Shu Tai Shen (Beijing) Pharmaceutical Co., Ltd. reviewed the qualifications of independent director nominee Mr. Zhai Yonggong. The committee found no disqualifying factors and confirmed his suitability based on his background and experience. The committee unanimously approved the nomination and will submit it to the board for consideration.

The company held its 13th Board of Directors meeting, approving the election of a new independent director and adjustments to board committees. The meeting also approved the convening of the first extraordinary general meeting of shareholders in 2026. All resolutions passed unanimously.

Shenzhen Han's Pharmaceutical Co., Ltd. announces that its wholly-owned subsidiary, Han's Pharmaceutical (Wuhan) Co., Ltd., has received approval from the NMPA for the listing application of Linaclotide API. This marks a significant step for the company's entry into the domestic market for this innovative drug.

Zhejiang Zhenai Home Co., Ltd. announced a proposal to adjust the annual work allowance for its independent directors to RMB 100,000 (pre-tax). This adjustment aims to better align responsibilities with compensation and motivate independent directors. The proposal was approved by the board and will be submitted for shareholder approval.

Zhejiang Zhenai Meijia Co., Ltd. announced the adjustment of its internal management structure. The Meijia Business Unit will be canceled and managed by a subsidiary. A new Strategic Investment Department will be established, and a Guangzhou Branch Company will be set up. These changes aim to optimize governance, clarify responsibilities, and improve operational efficiency.

Zhejiang Zhenai Meijia Co., Ltd. held its 19th Board of Directors meeting on June 22, 2026. The board approved amendments to the Articles of Association, nominated candidates for the 5th Board of Directors, and set the remuneration for independent directors. These resolutions require shareholder approval.

Xuchang Kaipu Testing Research Institute Co., Ltd. has obtained a Permit for Installation, Repair, and Testing of Power Facilities from the Henan Regulatory Office of the National Energy Administration. This permit, valid until January 7, 2030, allows the company to engage in testing activities for power facilities up to 330 kV. This is expected to remove previous business bottlenecks and enhance the company's competitiveness in the new energy power station testing market.

Chongqing Shunbo Aluminum Co., Ltd. held its fifth board of directors' seventh meeting. The board approved a proposal to lower the conversion price of Shunbo Convertible Bonds and resolved to convene the second extraordinary general meeting of shareholders.

The company's Compensation Committee is announcing the public review of the first grant of stock options under the 2026 Stock Option Incentive Plan. The review confirmed that all eligible grantees meet the plan's requirements and legal regulations. No objections were received during the public comment period.

The board of directors of Ganyuan Food Co., Ltd. held its sixth meeting, approving a comprehensive credit line of up to RMB 350 million and the continued implementation of a fundraising project. The meeting confirmed the necessity and feasibility of the project, aligning with the company's long-term development goals and shareholder interests.

Guangdian Measurement Group Co., Ltd. announces the completion of its industrial and commercial registration and the re-issuance of its business license. This follows the company's 2025 Annual General Meeting's approval to amend its Articles of Association due to a registered capital change. The updated business license reflects these changes.

Suzhou Bank Co., Ltd. announced the resolutions of its Sixth Board of Directors' Third Meeting. The meeting, held on June 18, 2026, was attended by all 15 directors. The board approved a proposal regarding credit extension to Kunshan Yinqiao Holding Group Co., Ltd. and its related parties. This resolution was previously approved by the Related Party Transaction Control Committee and independent directors.

Xinjiang Communication Construction Group Co., Ltd. will participate in the "2026 Xinjiang Listed Companies Investor Online Reception Day" organized by Xinjiang Listed Companies Association. The event will be held online on June 26, 2026, from 15:00 to 17:30. Company executives will discuss performance, governance, strategy, and other investor concerns.

Golden Credit International Rating Co., Ltd. announces the termination of its credit rating for Ningbo Xingrui Electronic Technology Co., Ltd. and its "Xingrui Convertible Bonds." This decision follows the full redemption of the convertible bonds on June 16, 2026, as per the company's early redemption announcement. The termination is effective immediately.

Guangdong Hongchuan Smart Logistics Co., Ltd. announces the appointment of Mr. Liu Biao as Securities Affairs Representative. He will assist the Board Secretary and serve until the end of the current Board's term. Mr. Liu possesses the necessary qualifications and experience for the role.

Guangdong Hongchuan Smart Logistics Co., Ltd. held its 36th Board meeting, approving the establishment of a new governance system and the non-downward adjustment of the conversion price for its convertible bonds. The meeting also approved the appointment of a securities affairs representative.

The board meeting approved the 2026 daily related transaction forecast of RMB 136 million and the purchase of production equipment for RMB 5.5 million. It also resolved to convene the fourth extraordinary general meeting of shareholders in 2026 on July 8.

Gauss-Bell Technology plans to purchase new production equipment for its subsidiaries to expand production capacity and enhance competitiveness. The estimated purchase amount is up to RMB 5.5 million. This transaction is within the board's authority, not a related-party transaction, and not a major asset restructuring.

The controlling shareholder, Yize Holdings, plans to reduce its stake in Guangdong Xinhongze Packaging by up to 6,761,934 shares (3.00% of the total share capital excluding treasury shares) within 3 months. The reduction will occur via centralized bidding and block trading, driven by the shareholder's own capital needs. This plan is consistent with prior commitments and is not expected to change control or materially impact the company.

Bekon Energy's wholly-owned subsidiary, Bekon Chemical, will transfer its debt of RMB 11.19 million to Mr. Zhao Haiying for RMB 10.95 million. This transaction aims to mitigate debt risk and accelerate fund recovery, with an estimated profit increase of RMB 0.55 million. The deal is within the board's approval authority and does not constitute a related party transaction or major asset restructuring.

The Board of Directors of Beken Energy Holdings Group Co., Ltd. held its 12th meeting, approving the postponement of oil and gas block investment, the absorption and merger of subsidiaries with capital reduction, and the cancellation of a subsidiary. The meeting also approved a share transfer agreement and the convening of the first extraordinary general meeting of shareholders in 2026.

Shenzhen Zhongzhuang Construction Group Co., Ltd. held its fifth board meeting. The board approved the proposal to lift the risk warning on the company's stock trading. The resolution passed with unanimous consent from all directors.

The meeting reviewed and approved two proposals: supplementary confirmation of related-party transactions totaling RMB 156 million for procurement services and an adjustment to the 2026 daily related-party transaction forecast, not exceeding RMB 1.5 billion. Both transactions were deemed fair, reasonable, and non-detrimental to shareholder interests.

The company's sixth board of directors' sixth meeting reviewed and approved supplementary confirmation of related party transactions with AJT PP for RMB 156 million and adjusted the 2026 daily related party transaction forecast to not exceed RMB 15 billion. The meeting also approved amendments to the related party transaction management system and the convening of the third extraordinary general meeting of shareholders in 2026.

Yonghe Fluid Control Co., Ltd. announces the completion of its industrial and commercial registration and re-issuance of its business license. This follows the cancellation of 4,119,571 restricted shares, reducing the company's total share capital and registered capital to 441,687,427 shares and RMB 441,687,427 respectively. The company's registered capital has been updated accordingly.

Guangdong Tongyu Communication Co., Ltd. held its fourth meeting of the sixth board of directors on June 22, 2026. The meeting approved the appointment of Mr. Pan Yiping as Deputy General Manager and Secretary of the Board of Directors. This appointment is effective from the date of approval until the end of the sixth board of directors' term.

Nanning Equipment Co., Ltd. held its eighth board meeting, approving the revision of the Board Secretary Work System and a guarantee for its subsidiary, Guangdong Only Network Technology Co., Ltd., for a credit line of up to RMB 1 billion. The meeting also resolved to convene the first extraordinary general meeting of shareholders in 2026.

Yongxing Special Materials Technology Co., Ltd. held its third extraordinary board meeting on June 22, 2026. The board approved a capital increase and cooperation agreement between its subsidiary, Yiqian Mining, and Yichun Shengyuan Lithium Industry. This decision aims to maximize strategic resource utilization and ensure safe production. The company's management and subsidiary management are authorized to execute the agreement.

This report details the appraisal of the mining right for kaolin (lithium-containing) mineral in the Jinzifeng-Zuojiali mining area. The appraisal was conducted by Zhongshuizhiyuan Assets Appraisal Co., Ltd. at the request of Yichun Shengyuan Lithium Industry Co., Ltd. The estimated value of the mining right as of December 31, 2025, is 2.692 billion RMB.

The announcement details the resolutions passed at Nanjing Estun Automation Co., Ltd.'s 25th Board of Directors meeting. Key decisions include the election of non-independent and independent directors for the 6th Board, approval of the independent director allowance standard, and the absorption of a wholly-owned subsidiary. The meeting also resolved to convene the first extraordinary general meeting of 2026.

Ruyi Film Entertainment is launching a shareholder appreciation event from July 1 to July 10, 2026. Eligible shareholders holding 500+ shares can purchase movie ticket and merchandise bundles for ¥1 or a ¥400 movie pass for ¥200. This event aims to thank shareholders and enhance brand recognition.

Zhejiang Bangjie Holding Group Co., Ltd. announces the signing of a Restructuring Investment Agreement with financial investor Hubei Huachu Meijia No. 6 Technology Partnership (Limited Partnership). The agreement involves the financial investor subscribing for 10 million shares of the company at a price of RMB 2.60 per share, totaling RMB 26 million. This is part of the company's pre-restructuring process aimed at resolving its debt issues and improving its financial structure.